Non-monetary consideration: free diesel treated as part of taxable value for GTA services under GST implications. Whether diesel supplied free of cost by a service recipient constitutes consideration for GST valuation of Goods Transport Agency services is examined, ... Summary
Non-monetary consideration: free diesel treated as part of taxable value for GTA services under GST implications.
Whether diesel supplied free of cost by a service recipient constitutes consideration for GST valuation of Goods Transport Agency services is examined, with the analysis concluding that non-monetary benefits provided by recipients may be added to the taxable value and that contractual allocation of free supplies does not displace the statutory valuation framework.
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